General Management · Store Management
What is the primary purpose of preparing a material budget in stores management?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To determine the shelf life of stored materials
- 2To track the daily handling efficiency of storekeepers
- 3To classify materials based on their procurement sources
- 4To estimate the financial requirements for acquiring and maintaining inventory✓
Correct answer
To estimate the financial requirements for acquiring and maintaining inventory
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